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A federal judge in New York judge has found that a common provision in an irrevocable trust that reserves a limited power of appointment does not render the assets of the trust available and therefore part of the Medicaid-eligibility equation. The decision is the first federal court ruling on the issue and a major victory for trust and estate lawyers and their clients.
September 20, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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